Which of the following statements is true?
a. Land is a natural-state resource.
b. The quantity of land in planet earth can be varied.
c. Harvested trees are considered to be land.
d. Minerals and metals are not land resources.
e. The oceans are not considered to be land.
A
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Which of the following policy measures required the SEC to prevent issuers of asset-backed securities from choosing the credit-rating agencies that will give them the highest rating and supported earlier initiatives by the SEC?
A) the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 B) Sarbanes-Oxley Act of 2002 C) Global Legal Settlement of 2002 D) Gramm-Leach-Bliley Act of 1999 E) Riegle-Neal Act of 1994
The production possibilities curves illustrated in Figure 35.2 reveal that
A. The United States has no comparative advantage. B. The United States has an absolute advantage in both goods. C. Mexico has a comparative advantage in baseballs. D. Mexico has no comparative advantage.